2021-9-27 17:40 |
Ethereum prices recovered on Sunday amid a market-wide upside correction while receiving an additional upside boost from a bullish JPMorgan & Chase report. origin »
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Key Highlights Ethereum classic price is placed in a bullish zone above the $16. 50 support against the US dollar. There is a connecting resistance trend line formed with current hurdle near $17.
2018-7-5 11:00 | |
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Key Highlights Ethereum classic price is trading nicely above the $14. 25 support area against the US dollar. There is a major bearish trend line formed with resistance at $15. 60 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
2018-6-28 11:00 | |
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Key Highlights ETH price made a nice upside move and broke the $495 resistance against the US Dollar. There was a break above a major bearish trend line with resistance at $498 on the hourly chart of ETH/USD (data feed via Kraken).
2018-6-19 08:00 | |
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Ethereum Price Key Highlights Ethereum has formed lower highs and higher lows to consolidate inside a symmetrical triangle. Price is approaching the peak of the formation so a breakout could be due anytime soon.
2018-6-18 08:25 | |
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A confluence of at least three different bearish indicators appears on Ethereum's multi-timeframe charts, suggesting that its ongoing bull run risks exhaustion.
On the 10th of July, ETH broke down from the current uptrend at around $290 visible in my ethereum price previous analysis. Since then, price levels have dropped back to support levels around $230 resulting in a 20% move in favor of the bears.
The current Ethereum weekly timeframe paints a very interesting picture. And it seems as though ETH is currently in a crucial area of determining whether $178 can hold as support. For those that can remember the accelerated pace at which ETH increased during May 2017 will also recall another key zone.
Ethereum has formed higher lows and higher highs to create a rising wedge formation visible on its 1-hour chart. Price is down to the wedge support that lines up with the 50% Fib where buyers. . .
Resistance levels: $112, $119, $131 Support levels: $107, $103, $98 ETH/USD Medium-term Trend: Bullish ETH/USD is on the bullish trend on the medium-term outlook. ETH price found its support at the demand price level of $103 on January 28 with the formation of a bullish reversal candle called morning star doji.
Supply levels: $131, $146, $164 Demand levels: $109, $94, $79 ETH/USD Medium-term Trend: Bullish On the medium-term outlook, ETH is on its bullish trend. As long as the ETH price is above the 21-day EMA and 50-day EMA, it is on the bullish trend.